Member Info for OneDayRodney1

"been" not "mean"!

Because like the rest of us mugs she believed she was investing in a kosher company that had an opportunity to do really well producing oil and gas, which would reap a rich return for our investment.

We all know how it turned out and how we have all mean completely misled, deceived and stolen from.

And you, as one of those incessantly ramping this share, should be completely ashamed at your actions in leading the deceit of an old lady and not be chastising her now. Shame on you RR.

Obviously not what any of us want to read, but appreciate you obtaining this information and sharing it Looed.

Frog: that's a very good point! So it would seem logical that we would be entitled the claim the difference between the price at suspension and zero as a loss.

Toatie: I'm afraid that shares held in an ISA are exempt Capital Gains Tax (which is why people put them in there). This means that any CGT losses can't be claimed and set off against gains unfortunately.

Haha! Sadly, you may be correct Contra.

You have a good memory.

You can set it off against capital gains and also carry losses forward to set off against capital gains in the future. Losses can be carried forward indefinitely.

Kaiser

My broker hasn't reported it as a crystallised loss in my CGT annual report. I'm expecting it to be in this financial year's report after the liquidation. So I didn't include it in my self assessment return for 24/25.

Phil: all my money was in FRR, which was stupid of course. So no possibility of post FRR investment plans.

I'm sure many others on here will also find your question upsetting as there are many who have also lost too much money here.

Good morning WHamBoy.

Thanks to you, and Looed, for checking for confirmation of our demise.

Unlike you WHamBoy, I have been looking in on this board (and previously the II one), for decades in hope rather than expectation ... now it is in expectation of hearing confirmation of the end.

When that happens my anger at SN will be massive and I hope it doesn't mean I seek retribution.

Armoured_bear: yes you're correct. We would have to be allotted shares in any different entity. The only right to that happening is a moral one ... so, based on history, I see no grounds whatsoever for any optimism sadly.

So just when you thought we were finally dead B-2-0 pops up with yet another of his/her bullish statements based on ... hmmm... nothing!

He/she has consistently been uber positive over all the years that we have failed to get anywhere. Here was his/her post from February 2021 before he/she went quiet for 3 years. As usual it proved to be a load of imaginary tosh, but it does start with a sentence which is probably the only reliable piece of information he/she has ever posted on here:

"For the record I do not possess any insider information. Even if I did I could not divulge that information before it is made public. However it is my opinion there are many signs of strategic US-Georgia alliance making multiple major party investment probable. The recent rhetoric from both sides is further evidence of this. We are in the transitioning phase ie. the deal is done and it is of regional significance hence the silence. I am very confident that we will benefit from this alliance along with many Georgians and other European partners. This has been a long journey but I believe we are part of something historic. I believe the news flow will as stated, progressive over the coming months due to the significance of this alliance. And as for the shooters, time to get your big boy pants on..."

Just catching up on the latest on here and I am saddened to see that my action in asking Deloitte to verify the statement that had already been shared on here had the unintended consequences of shutting down the line of communication to Looed. I now regret my action and apologise to everyone.

It didn't impact where we are now, which is just the worst possible place. My feelings towards SN can't be articulated on here as they'd be deemed slanderous, albeit they're completely based on the fact that he has deliberately misled us all from the get go.

A bit unfair given NJames gave a prompt succinct answer to your question.

But great you're not going to waste any more of anyone's time on this board in the future.

Enjoy!

Phil

I can't see how it is possible for FRR to win the tender. Remember the company is controlled by the liquidators, Deloitte, who already stated that SN had not come forward with the funds to enable them to do anything despite promising. (A broken promise from SN; whatever next...?). So unless they were given the funds, which would need to be a reasonable amount, to put together a tender bid then it didn't happen.

Remember Deloitte's last update. If money had been put up and they had bid, they would have told us.

Assuming we are now completely no more, I just wish they'd do the necessary and finally end this misery.

Mapp: RR was even worse informed than you...

Couldn't be better put Coggy. Am currently en route to Liverpool on the M5, which is exactly where I was when the delisting happened 6 years ago.

Merry Christmas all Fronterians ... probably for the last time :(.

Hi Aurora. So long as you haven't already made a negligible value claim (which with what's happened here you could have) then the loss will crystallise when the company is liquidated.

Once it has been liquidated anyone who owns shares will have a crystallised loss for CGT purposes.

I have a record of my brought forward CGT losses on my annual self assessment tax return.

Hope that helps Lordlash/Aurora.

Thank you for this reassuring clarification. Can't understand why anyone would want to use the information in that way.